Latest China DCM news

• Hitachi snaps up Rmb600m from CNH return

  

  Japan’s Hitachi Capital Corp has added to the recent flurry of issuance in offshore renminbi, bagging Rmb600m ($87m) on Monday from its second CNH transaction in a year.

  • 18 Sep 2018

• Investors gobble up Chinese FRNs

  

  China Construction Bank and Shanghai Pudong Development Bank Co’s Hong Kong branch rolled out floating rate notes on Monday, grabbing both dollar and euro investors’ attention.

  • 18 Sep 2018

• Market fixed on Qinghai redemption amid LGFV downgrades

  

  Chinese local government financing vehicles are under immense pressure, with the ratings of 11 LGFVs downgraded last week. But the focus for now is on the upcoming redemption of Qinghai Provincial Investment Group’s $300m bond next week — key to investor confidence in the sector.

  • 17 Sep 2018

• AfDB prepares for Panda launch

  

  The African Development Bank is preparing to launch a Panda bond programme, following the inclusion of the renminbi in the valuation basket of the issuer’s reporting currency.

  • 17 Sep 2018

• CCB Singapore goes short with local currency return

  

  China Construction Bank raised S$300m ($219m) through its Singapore branch on Thursday, opting for a two year tenor to offset rising funding costs since its debut in the currency last year.

  • 14 Sep 2018

• JIC unit debuts $500m bond with keepwell

  

  A keepwell structure that offered a premium of around 50bp to investors allowed JIC Leasing, a subsidiary of China Jianyin Investment (JIC), to raise its full $500m regulatory quota on Thursday.

  • 14 Sep 2018

• China Everbright unveils first green bond

  

  China Everbright Bank Co continued its push to reach more European debt investors this week with its debut green dollar bond, raising $300m.

  • 14 Sep 2018

• Languang pays juicy yield for $250m outing

  

  Chinese property company Sichuan Languang Development Co has added $250m to its coffers from a two year bond that offered one of the juiciest yields for an Asian deal this year.

  • 14 Sep 2018

• Cifi cooks up Rmb1bn debut dim sum

  

  Cifi Holdings (Group) Co raised Rmb1bn ($145.7m) on Thursday from its maiden offshore renminbi bond.

  • 14 Sep 2018

• Asian dollar AT1s to make triumphant return after BOC HK

  

  Asia’s Basel III compliant additional tier one market is set for a turnaround after a quiet year, following Bank of China (Hong Kong)’s $3bn issuance this week. As the pipeline builds up, bankers are predicting a pick-up in deal flow as early as next month, writes Addison Gong.

  • 13 Sep 2018

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